When you need to send or receive money electronically from the Bihar Gramin Bank branch located in JAMNAPUR, Nalanda, Bihar, understanding its IFSC code is crucial. This unique code acts like a digital address, ensuring that your funds reach the correct bank and specific branch without any issues. It’s an essential identifier for processing various electronic fund transfers, including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service), making your transactions safe and accurate.
Branch Details
Here are the key details for the Bihar Gramin Bank JAMNAPUR branch:
| Bank Name | Bihar Gramin Bank |
| Branch Name | JAMNAPUR |
| IFSC Code | PUNB0MBGB06 |
| MICR Code | 800811002 |
| Branch Code | 6906 |
| Branch Address | JAMNAPUR, Nalanda, 803118, 9523596906 |
| Contact Number | 9523596906 |
| City | Nalanda |
| District | Nalanda |
| Reason | BIHARSHARIF |
| Pincode | 803118 |
| State | Bihar |
Important Merger Update
It’s important to understand the background of Bihar Gramin Bank and how its IFSC codes are structured today. Bihar Gramin Bank was formed through the merger of two regional rural banks: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). Following this merger, Bihar Gramin Bank now operates under the sponsorship of Punjab National Bank (PNB).
As a result of this restructuring, all branches that previously belonged to UBGB or DBGB, including the JAMNAPUR branch, now use a unified IFSC code. The current and only valid IFSC code for Bihar Gramin Bank JAMNAPUR branch is PUNB0MBGB06. This means that any older IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank for this branch are no longer valid and have been revoked. Always use PUNB0MBGB06 for all your electronic fund transfers to or from this branch to ensure your transactions are successful.
Understanding the IFSC Code
The Indian Financial System Code, or IFSC, is a unique 11-character alphanumeric code. It’s designed to identify every bank branch participating in electronic funds transfer systems within India. Each part of the code tells you something specific about the bank and branch:
- The first four characters represent the bank itself. For Bihar Gramin Bank branches, now sponsored by Punjab National Bank, these characters are PUNB.
- The fifth character is always a zero (0). This character is reserved for future use and helps distinguish between the bank code and the branch code.
- The last six characters identify the specific branch. In the case of the JAMNAPUR branch, these are MBGB06.
So, the complete IFSC code PUNB0MBGB06 clearly points to the Bihar Gramin Bank (under PNB) JAMNAPUR branch.
How to Use the IFSC Code for Transfers
Using the IFSC code for electronic fund transfers like NEFT, RTGS, and IMPS is a straightforward process. Here’s a general guide:
- Log In: Access your internet banking portal or mobile banking app provided by your bank.
- Select Transfer Option: Navigate to the ‘Fund Transfer’ or ‘Payments’ section.
- Choose Transfer Type: Select the type of transfer you wish to make: NEFT, RTGS, or IMPS.
- Add Beneficiary: If you haven’t transferred money to this account before, you will need to add the Bihar Gramin Bank JAMNAPUR branch account as a new beneficiary.
- Enter Beneficiary Details: Provide the required information for the recipient, which includes:
- Beneficiary Name (the name of the account holder)
- Beneficiary Account Number (the account number at Bihar Gramin Bank JAMNAPUR)
- Confirm Beneficiary Account Number
- The IFSC Code: PUNB0MBGB06
- Enter Amount: Specify the amount of money you want to transfer.
- Review and Confirm: Carefully review all the entered details. Make sure the IFSC code and account number are correct to prevent any transfer issues.
- Authenticate: Complete the transaction by entering your transaction password, OTP (One-Time Password), or other security credentials.
For NEFT, funds are settled in batches throughout the day. RTGS is for high-value transactions and settles almost immediately. IMPS offers instant transfers 24/7, even on holidays.
Benefits of Knowing Your IFSC Code
Knowing the correct IFSC code for your bank branch, or the branch you wish to transfer funds to, offers several important benefits:
- Essential for Electronic Transfers: It is a mandatory requirement for initiating any NEFT, RTGS, or IMPS transaction, ensuring the funds are directed accurately.
- Ensures Accuracy: The unique nature of the IFSC code means your money goes to the exact branch intended, reducing the risk of errors or misdirected funds.
- Speeds Up Transactions: Correct IFSC codes help banks process your electronic transfers quickly and efficiently.
- Facilitates Receiving Funds: If someone needs to send you money, you must provide them with your account number and the correct IFSC code for your branch (PUNB0MBGB06 in this case).
- Supports Various Financial Activities: Beyond personal transfers, IFSC codes are used for salary credits, loan disbursements, bill payments, and other online financial operations.
Contact Information
For any inquiries related to the Bihar Gramin Bank JAMNAPUR branch or general banking services, you can use the following contact details:
- Branch Phone Number: 9523596906
- Branch Address: JAMNAPUR, Nalanda, 803118
- Bihar Gramin Bank Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
- Toll-Free Number (Punjab National Bank – Sponsor Bank): 18001807777
Frequently Asked Questions
Q1: What is the IFSC code for Bihar Gramin Bank JAMNAPUR branch?
A1: The IFSC code for Bihar Gramin Bank JAMNAPUR branch is PUNB0MBGB06.
Q2: Is the old Uttar Bihar Gramin Bank (UBGB) or Dakshin Bihar Gramin Bank (DBGB) IFSC code still valid for JAMNAPUR branch?
A2: No, after the merger, all old UBGB and DBGB IFSC codes for this branch have been revoked. Only the new unified IFSC code, PUNB0MBGB06, is valid for all electronic transactions.
Q3: Can I transfer money using just the account number, without an IFSC code?
A3: For inter-bank electronic transfers (sending money from one bank to another), an IFSC code is mandatory. Your bank needs it to identify the recipient’s specific bank and branch. For transfers within the same bank, an IFSC code might not be strictly required, but it’s always good practice to know it.
Q4: What is the difference between an IFSC code and a MICR code?
A4: An IFSC code (Indian Financial System Code) is an 11-character alphanumeric code used for electronic fund transfers like NEFT, RTGS, and IMPS. A MICR code (Magnetic Ink Character Recognition) is a 9-digit numerical code printed on cheque leaves. It’s primarily used for processing physical cheques, helping banks identify the branch and clear cheques quickly.
Q5: How can I confirm the IFSC code for another Bihar Gramin Bank branch?
A5: You can usually find the correct IFSC code on the bank’s official website, your cheque book, or by contacting the bank’s customer service. Reliable financial portals also list IFSC codes, but always cross-verify with official sources if unsure.
Kritti Kumari is a banker and MBA graduate who writes about banking, finance, and customer-friendly services. She simplifies complex financial products into easy guides, helping readers understand Bihar Gramin Bank’s offerings and make smarter money decisions.